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A Token's Stillbirth: Nothing Becomes Everything

In the beginning, there was Nothing. And in the end, there was still Nothing—merely distributed among 26 hopeful souls and 97.6% concentrated in the hands of patient predators. This newborn creature, gasping for breath at zero hours old, has already flatlined: no liquidity to sustain it, volume that suggests a handful of panic trades, and a top-heavy cap table that makes a venture-backed startup look diversified by comparison.